Validity, Perfection and Priority. The pledge and security interests in the Pledged Collateral granted to the Pledgee constitute valid and continuing security interests in the Pledged Collateral. Subject to the Intercreditor Agreement and the liens in favor of the Collateral Agent, the security interests in the Collateral granted to the Pledgee for the benefit of the Pledgee and the Bank Product Providers hereunder constitute valid and perfected security interests therein superior and prior to the rights or claims of any other person or entity therein.
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Samples: Pledge Agreement (Viskase Companies Inc), Pledge Agreement (Viskase Companies Inc), Pledge Agreement (Viskase Companies Inc)
Validity, Perfection and Priority. The pledge and security interests in the Pledged Collateral granted to the Pledgee constitute valid and continuing security interests in the Pledged Collateral. Subject to the Intercreditor Agreement and the liens in favor of the Collateral Agent, the The security interests in the Collateral granted to the Pledgee for the benefit of the Pledgee and the Bank Product Providers hereunder constitute valid and perfected security interests therein superior and prior to the rights or claims of any other person or entity therein.
Appears in 3 contracts
Samples: Pledge Agreement (Easylink Services Corp), Pledge Agreement (Easylink Services Corp), Pledge Agreement (Easylink Services Corp)
Validity, Perfection and Priority. The pledge and security interests in the Pledged Collateral granted to the Pledgee constitute valid and continuing security interests in the Pledged Collateral. Subject to the Intercreditor Agreement and the liens in favor of the Collateral Agent, the The security interests in the Collateral granted to the Pledgee for the benefit of the Pledgee and the Bank Product Providers Lenders hereunder constitute valid and perfected security interests therein superior and prior to the rights or claims of any other person or entity therein.
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